Convers Corporation (June 30 year-end) acquired the following assets during the current tax year (ignore §179 expense and bonus depreciation for this problem):
Asset Placed in Service Date Original Basis
Machinery ............... October 25 ................... $70,000
Computer Equipment ....... February 3 ................... $10,000
Used Delivery Truck* ......... March 17 .................... $23,000
Furniture .............................. April 22...................... $150,000
Total ....................................................................... $253,000
*The delivery truck is not a luxury automobile.
What is the allowable MACRS depreciation on Convers' property in the current year?